ROPS Spain. Pension Tax Re

QROPS Spain. Pension Tax Relief British expats living in Spain or wishing to retire in Spain can now transfer their pension into a QROPS Spain to maximize pension tax relief. UK expats living or working in Spain can take advantage of their offshore status and transfer their UK pension offshore to somewhere secure like the Isle of Man or Guernsey and will no longer have to pay UK taxes on their pension if they stay offshore. If you are resident in Spain Christian Kirk Youth Jersey , your UK state pension and any occupational pension income will be taxable only in Spain and not in the UK, under the terms of the UK-Spain Double Taxation Treaty. UK Government Service Pensions will remain taxable in the UK and will not be taxed in Spain. There is a small personal allowance for any income received in Spain which is non-taxable. For 2011, this is 17,707 Euros and then you will be taxed at between 12% and 23.5%, considerably lower than in the UK. Income from your UK Personal Pension will be taxable only in Spain and url] Cheap College Basketball Jerseys